Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Golden State Equity Partners

Golden State Equity Partners grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,121 shares of the company’s stock after acquiring an additional 1,396 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 0.7% of Golden State Equity Partners’ investment portfolio, making the stock its 28th largest holding. Golden State Equity Partners’ holdings in Schwab US Dividend Equity ETF were worth $3,054,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $228,390,000. International Assets Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $89,561,000. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares during the period. DDD Partners LLC raised its stake in Schwab US Dividend Equity ETF by 12,161.9% in the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after acquiring an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 34.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after acquiring an additional 476,951 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $77.48 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82. The company has a market cap of $54.20 billion, a PE ratio of 14.82 and a beta of 0.77. The business’s 50-day simple moving average is $78.31 and its two-hundred day simple moving average is $75.23.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.